Tootsie Roll Industries, Inc. (TR) To Go Ex-Dividend on March 5th

Tootsie Roll Industries, Inc. (NYSE:TR) declared a — dividend on Thursday, February 20th, Wall Street Journal reports. Investors of record on Wednesday, March 5th will be given a dividend of 3.00 per share on Thursday, March 27th. This represents a yield of 1.1%. The ex-dividend date is Wednesday, March 5th. This is a boost from Tootsie Roll Industries’s previous — dividend of $0.09.

Tootsie Roll Industries has increased its dividend payment by an average of 13.4% annually over the last three years.

Tootsie Roll Industries Price Performance

TR stock opened at $30.97 on Monday. Tootsie Roll Industries has a 12 month low of $27.58 and a 12 month high of $34.00. The company’s 50 day simple moving average is $31.35 and its 200-day simple moving average is $31.17. The firm has a market capitalization of $2.21 billion, a PE ratio of 25.39 and a beta of 0.21.

Tootsie Roll Industries Company Profile

Tootsie Roll Industries, Inc, together with its subsidiaries, engages in the manufacture and sale of confectionery products in the United States, Canada, Mexico, and internationally. It sells its products under the Tootsie Roll, Tootsie Fruit Rolls, Frooties, Tootsie Pops, Tootsie Mini Pops, Child's Play, Caramel Apple Pops, Charms, Blow-Pop, Charms Mini Pops, Cella's, Dots, Junior Mints, Charleston Chew, Sugar Daddy, Sugar Babies, Andes, Fluffy Stuff, Dubble Bubble, Razzles, Cry Baby, NIK-L-NIP, and Tutsi Pop trademarks.